Money management expert, Ted Hunter explains that money can bring you happiness if spend wisely. So use your common sense to make money smart choices that will truly add to your success with money and happiness. His money book, Money Smart offers saving tips and advice for achieving financial freedom.
So where did everyone's retirement money go? It went to pay for the multi-billion dollar financial services industry. It was lost due to gross investment incompetence by an industry that doesn’t know how to invest successfully, but does know how to successfully sell the idea that they do. Americans have been subjected to one of the most effective and most destructive marketing campaigns in history.
Fire your financial adviser and invest for yourself using no-load index funds. You can also read more of my investment advice and my current investment market assessment.
As I share in Money Smart , following certain basic money rules is critical for achieving financial freedom. If you follow them, you’ll be successful with money and able to create financial freedom.
I see the risk level in the stock market continue to rise and now advise that it’s best not to invest in stocks heavily for the time being. For now, the allocation with the best probability of success is to invest between 0 and 20% of your money in stocks, depending on your risk tolerance.
It is now essential that people reexamine their job, their goals, and their dreams as they look to the near future. Preparing for the changes ahead in the job market may well provide a competitive edge in having the work and life you wish for.
